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Business Observer 7.9.21

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J U LY 9 - J U LY 15 , 2021 | TH R E E D O LL A R S

FLOR IDA’S NE WSPAPER FOR T HE C - SUI T E

Strategies | Doctor finds business success after saying goodbye to New York. PG.7 PASCO • H ILL SBOROUG H • PIN ELL AS • P OLK • M A N ATEE • SA R ASOTA • C H A R LOT TE • LEE • COLLIER

Golden Rule

inside REAL ESTATE

New Digs

A Tampa housing complex built more than six decades ago is being prepped for redevelopment. PAGE 3

COMPANIES

Growth Spurt

Sarasota furniture company jumps on some pandemic trends, including an e-commerce boom. PAGE 3

In the sometimes-cutthroat world of buying distressed loans, Directed Capital succeeds with a kinder approach. PAGE 12

LAW

Defensive Posture

Companies nationwide are facing a big pandemic problem: a significant rise in class action lawsuits. PAGE 6

STARTUPS

Yard Stick

With the voice of his late father as inspiration, entrepreneur takes his better-lawn invention to market. PAGE 8

STRATEGIES

Give One Reason

I n t he w a r of t he g roc er s, w it h lessons for nearly any business, an easily defined niche pays big dividends. PAGE 10

EXECUTIVE DIVERSIONS

Name That Tune

Attorney Charles Thomson unwinds from work at a major developer with a violin in his hands. PAGE 15

REAL ESTATE Private equity firm targets residential rentals in Fort Myers. 12 Naples apartment complex sells for $80.5 million. 13

Christopher Moench | FOUNDER, DIRECTED CAPITAL

Airports spend $25 million on projects. 14

MARK WEMPLE

5 Lawsuit, family feud, follow death of area firm’s heir. Receive the top Business Observer news of the day in your inbox.

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